Etiqueta: SU7

Xpeng had 2,700 insurance registrations last week, Li Auto 7,060, Zeekr 5,000 and Xiaomi 1,670.

With 117 new models debuting, the show highlights the trend towards electrification and digital connectivity. Major players like Xiaomi are entering the car market, while others are innovating with user-friendly designs and off-road capabilities.

THE BEIJING Auto Show 2024 highlighted China’s success in electric vehicle production and promotion, underscoring the state’s unwavering commitment to ...

China's BYD shows effects of price war with weaker profit growth

BEIJING (Reuters) -Chinese electric vehicle (EV) maker BYD posted its weakest quarterly profit growth since 2022 on Monday while its revenue growth slowed to the lowest level in nearly four years, hit by slowing EV demand and a bruising price war in the world's largest auto market. First-quarter net profit was up 10.6% at 4.57 billion yuan ($631.08 million) while revenue grew by 4% to 124.94 billion yuan, BYD said in a stock market filing. With a brand portfolio at different price points, BYD has ramped up efforts to move upmarket while doubling down on discounts to vie for cautious consumers amid a sputtering economic recovery.

Organisers say that 117 new models are making their debut at Auto China 2024, which runs through May 4

The Beijing auto show is showcasing cutting-edge cars that behave like tanks and can morph into living rooms.

Since its launch, the electric car from Xiaomi, namely SU7, has received a positive response, even after the launch of the sedan model order was quite fantastic.

China's vision of the future of the automobile — electrified and digitally connected — is on display at the ongoing Beijing auto show. Organizers say that 117 new models are making their debut at Auto China 2024, which runs through May 4. Xiaomi announced that it had received more than 75,000 orders in the four weeks since the launch of its first car, the SU7, with a list price of 215,900 to 299,900 yuan ($29,800-$41,400).